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He is understandably unhappy because the person at Honda that he talked with told him it could be worked out, but then his car was repossessed without notice.
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That said, if they are going to repossess the thing it's some third party that will come in the dead of night because they get fewer people fighting with the tow guy. Happened to the daughter of a friend.
If AHF agreed to the deal,then I would have asked them to send me a written copy of the documented proof that both parties agreed to . If AHF has documented proof of the agreed deal and they still repoed the car,time to contact a lawyer.
Assuming you are past the point of no return, then tipping off the repo-ee that you are on the way, just wouldn't be too bright. That might have been the case here. It was already too late, and they had to keep mum about it.
just throwing that out there..
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I'm not going to jump on him while he is down, but if I'm right in my rememberances, he seems to have long-term ongoing financial problems.
I don't believe you are but the right course of action would be to contact a host by email rather than going off topic in the Forums.
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As for swearing off Honda, I doubt very much he'd be dealing with AHF in the near future. He could still buy a Honda, but he'd either have to pay cash for it or go the sleazy subprime route with their usurious rates. Sad how unemployment can upend one's life!
My car will be paid for in 5 months, September 2010. I've been out of work twice in the past 18 months, for a 4 month total span. I've explained to AHF that I've been out of work and that I would pay them what I owed but to please be patient with me. The last conversation took place on 4/16 and I told them I would make payment for the 2 months I was behind on the 4/30, they said okay and it is documented. I'm living week to week, like many Americans, and I need a car to work. On 4/21, they repossessed my car.
I will never buy another Honda, my 3 sons will never buy a Honda, and if I have any influence before I die, my grandchildren will never buy a Honda.
There has got to be more to this story.
I was laid off in 2008, I called American Honda Finance right away and explained my situation. I was 3 years into a 5 year payment plan. They agreed to defer payments, as long as I paid the interest every month. the interest on the loan was like $20-30/month, it was financed ar 2.9% APR.
Luckily, I found a good job within 2 months and was back on track.
I can tell you from personal experience that AHFC will let you skip payments.
I would guess that OP missed payments without contacting Honda, and then, after receiving threatening letter, contacted, but it was too late. Repo was probably scheduled already.
The last thing they want to do is repossess the car.
Bingo! That is a last resort and an expensive thing for them to do.
I bit my tongue (I know, hard to believe) but I smelled something fishy. I have heard of several instances where Honda will make special arrangements ESPECIALLY if the person has a good history with them.
More to this story for sure...
A reporter is looking to interview the victim of a tow truck scam: someone who has had their car towed illegally, has had their car held hostage due to extremely high fees, has been approached by a town truck they didn't call for help, etc. Please send your daytime contact information to pr@edmunds.com no later than Jan 6, 2011.
So I would guess that banks have lots of loans like yours and if they make no effort to collect them that could add up to lots of money.
If the property is not gated and locked, it's open property. If you have my my possession on your property "cause a repo order gives me temp ownership" I have every right to take that property.
i cannot break or damage an entry point to the property to take the collateral.
the matter is Civil. Police cannot get involved. If they do, they then violated my civil rights. If you create a disturbance by yelling and screaming, your property or not, you can be arrested. Civil law and rights protect a repo agent. Police officers have learned the hard way with me and states have paid me generously for it.
You our can try and manipulate the law to continue driving a vehicle that you call yours and don't pay for. A smart repo agent will school the officer and possibly get you ticketed or arrested and still take the vehicle.
For the original question. If you acted aggressively toward the repo agent "screaming, running after, etc" , he or she has the right to do what he or she needs to get away from a dangerous situation. If any damages occurred during that time on your property, your property insurance will cover that
If the agent is uneducated in his or her job you might be able to win it in court. Repo agencies are covered for property damage. But I never lost.
Pay your bills. It's not your car. The title you hold is not an ownership title. They are color coded in all states. Your basically renting the car until a defined date. After that date you are mailed the ownership title as long as you paid every payment.
If you didn't, see you soon